Boomtown's Kara Swisher talked to a "source close to Microsoft's thinking" about rumors that several unnamed Silicon Valley executives were planning to borrow money from Microsoft (MSFT), buy Yahoo (YHOO) at $13 per share, and then sell Yahoo's search to Microsoft. The source did not react kindly, calling the deal "idiotic." Full quote:
“We can deal directly with Yahoo, which is moving through a process to get a new CEO, and when the time is right, we will deal with their ... Read more...